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Richard Branson and Virgin hinting at a Tesla competitor

Richard Branson is trying to take people into space with Virgin Galactic, races electric cars in Formula E with Virgin Racing and owns a telecommunications empire. His next venture could see him transferring some of that tech know-how to the world of auto manufacturing, possibly even taking on Tesla.

Virgin Racing is already confirmed to take part in Formula E next season when the series opens up the rules a bit to let teams modify the electric motor, inverter, gearbox and cooling system. A year after that, even the batteries are fair game for changes.